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Xylem Inc - XYL STOCK NEWS

Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.

Xylem Inc. (NYSE: XYL) is a premier global water technology provider with a mission to create innovative solutions for the world’s most challenging water and wastewater problems. Headquartered in Rye Brook, New York, Xylem operates in more than 150 countries and offers a diverse range of products and services that cater to public utilities, residential and commercial building services, and industrial and agricultural sectors.

With roots tracing back to its spin-off from ITT in 2011, Xylem has quickly grown to become a leader in the water technology industry. As of 2023, the company generated $7.4 billion in revenue and employed approximately 16,200 people worldwide.

Xylem's product portfolio includes advanced transport systems, cutting-edge treatment solutions, precise testing equipment, and efficient water usage technologies. The company is renowned for its market-leading brands, each known for their innovation and efficacy. Xylem also boasts a strong commitment to sustainability, being named to the Dow Jones Sustainability Index multiple times for its sustainable business practices and solutions.

Recent achievements include significant advancements in smart water infrastructure, partnerships with leading environmental organizations, and investments in research and development to drive future growth. Xylem’s local solutions are designed to meet global needs, demonstrating its expertise and dedication to improving water systems globally.

In terms of financial health, Xylem has consistently shown robust revenue growth, reflecting its strong market position and the effectiveness of its strategic initiatives. The company's ongoing projects aim to enhance water accessibility, quality, and efficiency across various regions, further solidifying its role as a critical player in the water technology space.

Xylem Inc. continues to pioneer in the water technology sector through its innovative solutions and unwavering commitment to addressing the world’s water challenges. For investors and stakeholders, Xylem represents a blend of steady growth, sustainability, and technological innovation.

Stay updated with the latest news and developments from Xylem Inc. to understand how this industry leader is shaping the future of water technology.

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Xylem (NYSE: XYL), a global water technology leader, is set to showcase innovative solutions at WEFTEC in New Orleans from October 10-12. The company focuses on addressing pressing water challenges as predicted by the United Nations, which estimates 1.8 billion people will face water scarcity by 2025. With a revenue of $5.2 billion in 2021, Xylem aims to enhance sustainability and operational efficiency in the water sector, including reducing greenhouse gas emissions.

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Xylem Inc. (NYSE: XYL), a global leader in water technology, will announce its third quarter 2022 financial results on November 1, 2022, at 6:55 a.m. ET. The company will host a conference call for investors at 9:00 a.m. ET. Participants can join by phone or online. The conference call will be replayed starting at 1:00 p.m. ET on the same day until November 8, 2022. Xylem reported $5.2 billion in revenue in 2021 and aims to enhance sustainability by helping over 150 countries manage water resources effectively.

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Xylem, a global water technology leader, awarded Team WatApp the Xylem Water Challenge award at HackZurich 2022 for their innovative app promoting sustainable water consumption. This app aims to change public water habits through educational gaming, offering recommendations based on user habits and local context. Amidst the worst drought in 500 years in Europe, the initiative highlights urgent needs for sustainability in water usage. Xylem has engaged over 6,600 students in water solutions through its Xylem Ignite program.

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Xylem (NYSE: XYL) is participating in the IWA World Water Congress & Exhibition in Copenhagen from September 11-15, 2022. They aim to address global water security challenges faced by 2.3 billion people living in water-stressed countries. Notable executives, including Dave Flinton and Austin Alexander, will discuss innovative business models and climate resilience. Xylem is also hosting forums on digital innovation and decarbonization. They recognize 42 utilities for climate leadership at the event, reinforcing their commitment to sustainable water management.

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Annabelle M. Rayson from Canada has won the prestigious 2022 Stockholm Junior Water Prize for her research on treating harmful algae blooms. HRH Crown Princess Victoria of Sweden announced the winner during World Water Week in Stockholm. Rayson’s work addresses significant issues affecting water quality and ecosystems, which have economic impacts on fishing and tourism. The jury praised her bio-inspired research as a potential solution to a multi-faceted global problem. Xylem, as the founding partner of the prize, encourages innovative solutions to water-related challenges.

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The Board of Directors of Xylem (NYSE: XYL) has declared a third quarter dividend of $0.30 per share, payable on September 29, 2022 to shareholders of record as of September 1, 2022. Xylem is a global leader in water technology, generating $5.2 billion in revenue in 2021. The company is dedicated to addressing water and infrastructure challenges, supporting sustainable water and resource management in over 150 countries.

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Xylem Inc. (NYSE: XYL) reported a strong second quarter with revenues of $1.4 billion, marking a 1% increase on a reported basis and 6% organically. Adjusted earnings per share reached $0.66, exceeding guidance. The company raised its full-year organic revenue growth forecast to 8-10% from 4-6% and adjusted EPS guidance to $2.50-$2.70. However, the adjusted EBITDA margin declined to 16.6%, impacted by inflation and chip supply shortages. Segment performance varied; Water Infrastructure saw 9% organic growth, while Measurement & Control Solutions faced a 2% decline due to ongoing supply issues.

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Xylem Inc. (NYSE: XYL), a global leader in water technology, is set to announce its second quarter 2022 results on August 2, 2022, at 6:55 a.m. (ET). A conference call with the senior management team will follow at 9:00 a.m. (ET) to discuss the results and engage with investors. Xylem reported revenue of $5.2 billion in 2021 and is focused on addressing critical water and infrastructure challenges globally. The call details and a replay will be available on the company's investor relations website.

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Xylem recently concluded the second annual Xylem Ignite Global Student Innovation Challenge, rewarding over $20,000 in prizes to students addressing water and climate issues. The competition attracted participation from more than 800 students across 51 countries. Team SWiFT from Santa Clara, CA, won the secondary school category for innovations to enhance water pump lifespan, while Team AquaFlo from Canada won in the university category for their solutions to improve hand pump service notifications. The winners can access Xylem's Ignite Innovation Incubator for further development of their concepts.

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Xylem (NYSE:XYL) is showcasing its digital water technology at the AWWA Annual Conference & Exposition (ACE22) in San Antonio, Texas, from June 12-15. The company aims to tackle critical water challenges through data-driven insights and innovative solutions. Key presentations include topics on pressure management, emergency preparedness, and the development of smart water utilities. Xylem's commitment to sustainable water management is underlined by their $5.2 billion revenue in 2021, as they continue to support global communities in achieving water security.

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FAQ

What is the current stock price of Xylem (XYL)?

The current stock price of Xylem (XYL) is $117.51 as of December 23, 2024.

What is the market cap of Xylem (XYL)?

The market cap of Xylem (XYL) is approximately 28.4B.

What is Xylem Inc.?

Xylem Inc. is a global water technology company that provides solutions for water transport, treatment, testing, and efficient use in various sectors.

Where is Xylem Inc. headquartered?

Xylem Inc. is headquartered in Rye Brook, New York.

In how many countries does Xylem operate?

Xylem operates in more than 150 countries worldwide.

What sectors does Xylem serve?

Xylem serves public utilities, residential and commercial building services, industrial, and agricultural sectors.

How much revenue did Xylem generate in 2023?

Xylem generated $7.4 billion in revenue in 2023.

How many employees does Xylem have?

As of 2023, Xylem employs approximately 16,200 people.

What recognition has Xylem received for its sustainability efforts?

Xylem has been named to the Dow Jones Sustainability Index multiple times for its sustainable business practices.

When was Xylem spun off from ITT?

Xylem was spun off from ITT in 2011.

What are some of Xylem's recent achievements?

Recent achievements include advancements in smart water infrastructure, partnerships with environmental organizations, and significant investments in R&D.

What is the focus of Xylem's ongoing projects?

Xylem's ongoing projects focus on enhancing water accessibility, quality, and efficiency across various regions.

Xylem Inc

NYSE:XYL

XYL Rankings

XYL Stock Data

28.44B
241.29M
0.65%
93.99%
0.95%
Specialty Industrial Machinery
Pumps & Pumping Equipment
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United States of America
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